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Worcester 01606 Indian Hill
8 Maravista Rd.
$254,000
● House - Off Market

8 Maravista Rd.

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,497 Ft²
$450,600
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

GREAT LOCATION...BEAUTIFUL LOT - 1ST FLOOR DEN/OFFICE - NEW GUTTERS - WINDOWS 8 YRS. AGO..LARGE MASTER BEDROOM, ENCLOSED PORCH
Unit Size
1,497 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$167
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70158529)

Price History

Date / Event Date Event Price
May 2, 2005 Sold
Premium
Sold
Mar 16, 2005 Listed by RE/MAX Advantage 1 $249,500
Listed by RE/MAX Advantage 1
Sep 29, 1988 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 935
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,200
  • Total Building Area: 1,707
  • Gross Building Area: 2,900
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000923
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 49-019-00033
  • Parcel: WORC M:49 B:019 L:00033
  • Block: 19
  • Lot: 33
  • Municipality: WORCESTER
  • Latitude: 42.3265
  • Longitude: -71.8069

    Address

  • Full Address: 8 Maravista Rd
  • Address - House Number: 8
  • Address - Street Name: Maravista
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2902
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 459,122
  • High Value: 535,798
  • Low Value: 382,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,000
  • Assessed Land Value: $104,800
  • Assessed Improvements Value: $244,200

    Sales

  • Current Sale Recording Date: May 02, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00068027
  • Previous Sale Recording Date: Sep 29, 1988
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian Hill

Stats & Trends

Median Asking:

$434,450

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2047 ft²

Average Home Age

71.2 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70158529

Frequently Asked Questions

When was property at 8 Maravista Road built and last sold?
The property at 8 Maravista Road was built in 1930 and last sold on Jan 1, 1970 for $254,000.
How much is this home worth?
The estimated value of the home located at 8 Maravista Road is $261,586.
What are some comparable homes to 8 Maravista Road?
There are currently no comparable homes to 8 Maravista Road.
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